High-End Hospitality Enterprise
Retail Businesses for Sale
- Primary Category: Other Retail Businesses for Sale
For more than 30 years, this hospitality business has designed and manufactured innovative bedding, drapery, linens, and bath products for the global hospitality industry. Hotels and resorts worldwide recognize the brand’s reputation for developing products that positively affect the bottom line.
Awards and Acknowledgements: The business was supplier of the year for Starwood. Over 5 Million beds worldwide are dressed with their fabric. Most notable hospitality brands this business has served includes: Marriott, Hilton, IHG, Sofitel, Calton, Four Seasons, Wyndham, Hyatt, Starwood, The Ritz-Carlton, Westin, Omni, InterContinental, Radisson and many more.
The owner is selling and is ready to retire. While the business set up as a turn-key operation for a new buyer, the seller is willing to stay on to train and transition relationships and growth ideas for the next year. No special certification or experience is required for a buyer. However, retail and hospitality experience is a plus.
There are many viable growth opportunities for this business including: adding new strategic partners and hotel brands, selling direct to the customer, simplify the product lines, influencer marketing, PR campaign, and many more.
This business can be operate virtually anywhere in the world.
Please contact Kimberle at 314-669-1447 to get further details on this fantastic business opportunity.
Financial Information
- $1,700,000 Asking Price
- $500,927 Cash Flow
- $1,360,294 Gross Revenue
- $85,000 Down Payment
- Yes Financing
Business Location
- City: Confidential
- State: Confidential
Financing Comments
- Seller financing will be considered as an option for qualified buyers.
Reason for Sale
- Retirement
Detailed information
- Year Established: 2012
- Home Based: Yes
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: $194,405
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- FF&E Included?: Yes
- FF&E Value: $60,962
Training/Support
- The seller is willing to stay on to train and transition relationships and growth ideas for the next year.
Market Outlook/Competition
- Disposable income will likely support demand for specific industry items. There have been alternative niches created by facilitating the distribution of imported furnishings. Positive economic conditions will likely propel more retail furnishings. Less than positive economic conditions and rising interest rates slowing the economy, will drive business owners and homeowners to look for other creative ways to provide an outstanding customer experience without the large capital expenditures.
Business Listed by
Kimberle Seale
Sunbelt of St. LouisContact Business Broker
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